This study examined internal factors that affect savings mobilization for growth of women- owned MSEs. Many
women- owned MSEs have received financial and other assistance from various donors to start their business, but
their inability to reduce reliance on external sources to grow had remained unexplained. The study hypothesized
that the main constraints to savings mobilization for growth of women owned MSEs arose from internal and the
characteristics of the woman entrepreneurs. The target population were 3,030 women entrepreneurs who had
received assistance from the WEDCO project in Kisumu and Kakamega districts in Kenya. Multistage sampling
procedure was used to select 300 individual women participants. Questionnaires, interviews and observations
were used to collect primary data. Data was analyzed through correlation analysis, chi-square tests, ANOVA, and
means. The major findings of the study were that the number of dependants; education level; cultural and
religious attachments; endowed management skills; age and marital status had a significant relationship with the
savings propensity amongst the women entrepreneurs.